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Harvey Smith Is a Loan Officer at First National Bank

Question 278

Multiple Choice

Harvey Smith is a loan officer at First National Bank. Which of the following of Harvey's outside business interests may be considered to be a conflict of interest that should be disclosed to the bank?


A) His ownership of 4,000 shares of stock in a local car dealership (the car dealership is not a bank customer)
B) His wife's position as chair of the board of a local bank
C) His attendance at a party hosted by one of his customers where other financial institutions were represented
D) His role as honorary chair of a fund drive for a local charitable organization

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